In today's Liotes Mission, we would like to talk about HBD and the haircut rule. You probably realised that on your posts, you don't get any HBD as rewards anymore. It's because the higher level of the haircut rule has been reached. This means that HBD is not distributed anymore as rewards. There is however the lower Haircut rule at 30% of dept, which means that the peg to 1$ will be lost until the dept level is reached again. This would mean that 1 HBD would not be worth 1 $ anymore. To reach this situation, Hive price would need to drop to 0.036$ according to hbdstats.com.
If the second haircut level would be reached, how would you react ?
Please leave your answer as a comment below this post.
The Liotes Mission
By taking part in the Liotes missions, you can win credits that will help you to increase your score and your title in the Liotes Ranking.
People who submit an answer will get 3 credits for the Liotes ranking. If you submit more than 1 answer, you will not get more credits.
We are very grateful if you enter the challenge within 24 hours after the post is published. We will try to count entries up to 36 hours after publication.
